Latin America and the Caribbean: Market for Pulp From Fibres Other Than Wood 2025

Market Size for Pulp From Fibres Other Than Wood in Latin America and the Caribbean

The Latin American market for pulp from fibres other than wood dropped slightly to $X in 2022, reducing by -2.4% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 8.3%. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Pulp From Fibres Other Than Wood in Latin America and the Caribbean

In value terms, production of pulp from fibres other than wood shrank modestly to $X in 2022 estimated in export price. Overall, production, however, showed a mild downturn. The growth pace was the most rapid in 2017 when the production volume increased by 16% against the previous year. Over the period under review, production of attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Pulp From Fibres Other Than Wood

Exports in Latin America and the Caribbean

In 2022, overseas shipments of pulp from fibres other than wood decreased by -11.9% to X tons, falling for the second consecutive year after three years of growth. Overall, exports, however, showed measured growth. The most prominent rate of growth was recorded in 2015 with an increase of 327%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of pulp from fibres other than wood fell to $X in 2022. In general, exports recorded a deep contraction. The growth pace was the most rapid in 2014 with an increase of 139% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Colombia prevails in wood structure, recording X tons, which was approx. 85% of total exports in 2022. It was distantly followed by Guatemala (X tons), achieving a 7.2% share of total exports. Argentina (X tons), Brazil (X tons) and Chile (X tons) took a relatively small share of total exports.

Colombia was also the fastest-growing in terms of the pulp from fibres other than wood exports, with a CAGR of +42.1% from 2012 to 2022. At the same time, Guatemala (+34.4%), Argentina (+6.3%) and Brazil (+5.5%) displayed positive paces of growth. By contrast, Chile (-21.5%) illustrated a downward trend over the same period. While the share of Colombia (+82 p.p.) and Guatemala (+7.2 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Chile (-19.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Colombia ($X) remains the largest pulp from fibres other than wood supplier in Latin America and the Caribbean, comprising 78% of total exports. The second position in the ranking was held by Brazil ($X), with an 11% share of total exports. It was followed by Argentina, with a 3.8% share.

In Colombia, exports of pulp from fibres other than wood increased at an average annual rate of +39.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Brazil (+9.0% per year) and Argentina (+1.1% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, surging by 5.1% against the previous year. Over the period under review, the export price, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2016 when the export price increased by 33% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+12.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Pulp From Fibres Other Than Wood

Imports in Latin America and the Caribbean

Imports of pulp from fibres other than wood reduced sharply to X tons in 2022, with a decrease of -20% compared with 2021 figures. Total imports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of pulp from fibres other than wood totaled $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 33%. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Brazil (X tons) and the Dominican Republic (X tons) dominates wood structure, together making up 83% of total imports. It was distantly followed by Colombia (X tons), achieving a 7.5% share of total imports. Mexico (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Dominican Republic (with a CAGR of +11.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constitutes the largest market for imported pulp from fibres other than wood in Latin America and the Caribbean, comprising 56% of total imports. The second position in the ranking was taken by the Dominican Republic ($X), with a 24% share of total imports. It was followed by Colombia, with a 7.5% share.

In Brazil, imports of pulp from fibres other than wood expanded at an average annual rate of +2.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Dominican Republic (+3.8% per year) and Colombia (-4.0% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, with an increase of 36% against the previous year. Overall, the import price, however, saw a pronounced decrease. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the Dominican Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-1.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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